Groupe Rivadis

Personal care giant L’Oreal has announced that it is in exclusive talks to acquire the Thermes de Saint-Gervais-les-Bains brand of spa-style toiletries from fellow French firm Groupe Rivadis. L’Oreal said it had submitted a firm offer to Rivadis Group for the acquisition of the business as well as the licence to use the Saint-Gervais Mont-Blanc brand. According to L’Oreal, Saint-Gervais Mont-Blanc products are formulated with 100% Mont-Blanc thermal spring water and natural …